Lifelock, Inc. (LOCK): Richard Todd Davis , EXECUTIVE VICE CHAIRMAN of Lifelock, Inc. sold 21,600 shares on Apr 12, 2016. The Insider selling transaction was reported by the company on Apr 13, 2016 to the Securities and Exchange Commission. The shares were sold at $11.99 per share for a total value of $258,984.00 according the SEC Form 4 Filing.
Company has been under the radar of several Street Analysts.Lifelock Inc is Reiterated by Needham to Buy while Lowering the Price Target of the company shares to $ 16 from a previous price target of $17 . The Rating was issued on Feb 11, 2016.Lifelock Inc is Reiterated by Canaccord Genuity to Buy while Lowering the Price Target of the company shares to $ 15 from a previous price target of $17 . The Rating was issued on Feb 11, 2016.Lifelock Inc is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 15 from a previous price target of $13 .The Rating was issued on Jan 21, 2016.Lifelock Inc is Reiterated by Deutsche Bank to Buy while Lowering the Price Target of the company shares to $ 23 from a previous price target of $25 . The Rating was issued on Jan 21, 2016.
Currently the company Insiders own 13% of Lifelock Inc shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -3.87%.Institutional Investors own 95.25% of Lifelock Inc shares.During last six month period, the net percent change held by insiders has seen a change of -10.41%.
Shares of Lifelock Inc (LOCK) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.11 points or -0.90% at $12.05 with 6,74,481 shares getting traded. Post opening the session at $12.24, the shares hit an intraday low of $11.97 and an intraday high of $12.48 and the price vacillated in this range throughout the day. The company has a market cap of $1,106 M and the number of outstanding shares has been calculated to be 9,18,03,481 shares. The 52-week high of Lifelock Inc is $17.43 and the 52-week low is $7.18.
LifeLock Inc. is a provider of proactive identity theft protection services for consumers and identity risk assessment and fraud protection services for enterprises. It operates in two segments: consumer segment which offers offer identity theft protection services to consumers on a monthly or annual subscription basis and an enterprise segment which offers consumer risk management services to enterprise customers who pay it based on the monthly volume of transactions with the Company. As of December 31 2014 the Company served approximately 3.6 million paying members. As of December 31 2014 the Company served over 300 enterprise customers. The Company offers the LifeLock Wallet mobile application which allows consumers to replicate and store a digital copy of the personal wallet contents on smart device for records backup as well as mobile use of items such as credit identification ATM (automated teller machine) insurance and loyalty cards.